Fusion of AI and Ethical Finance: Changing the Outlook of Financial Companies and Society

Fusion of AI and Ethical Finance: Changing the Outlook of Financial Companies and Society

Neelam Yadav, Divya, Ashish Mathur, Jyoti Thanvi
ISBN13: 9798369310380|ISBN13 Softcover: 9798369346280|EISBN13: 9798369310397
DOI: 10.4018/979-8-3693-1038-0.ch002
Cite Chapter Cite Chapter

MLA

Yadav, Neelam, et al. "Fusion of AI and Ethical Finance: Changing the Outlook of Financial Companies and Society." Fintech Applications in Islamic Finance: AI, Machine Learning, and Blockchain Techniques, edited by Mohammad Irfan, et al., IGI Global, 2024, pp. 24-34. https://doi.org/10.4018/979-8-3693-1038-0.ch002

APA

Yadav, N., Divya, Mathur, A., & Thanvi, J. (2024). Fusion of AI and Ethical Finance: Changing the Outlook of Financial Companies and Society. In M. Irfan, S. Kadry, M. Sharif, & H. Khan (Eds.), Fintech Applications in Islamic Finance: AI, Machine Learning, and Blockchain Techniques (pp. 24-34). IGI Global. https://doi.org/10.4018/979-8-3693-1038-0.ch002

Chicago

Yadav, Neelam, et al. "Fusion of AI and Ethical Finance: Changing the Outlook of Financial Companies and Society." In Fintech Applications in Islamic Finance: AI, Machine Learning, and Blockchain Techniques, edited by Mohammad Irfan, et al., 24-34. Hershey, PA: IGI Global, 2024. https://doi.org/10.4018/979-8-3693-1038-0.ch002

Export Reference

Mendeley
Favorite

Abstract

Artificial intelligence (AI) and ethical finance constitute a dynamic and developing field with major consequences for both the financial sector and society at large. AI is in financial decision-making processes, including fraud detection, portfolio optimization, and investment analysis. AI's growing use in evaluating ESG standards and locating opportunities for ethical investment is changing the standards of ethical finance. The fusion of ethical finance and AI represents an exciting frontier with the potential to drive more responsible and sustainable financial practices. The current study aims to explore the practical AI application for ethical financing implementations. The study will systematically review publicly available research manuscripts and reports and challenges faced by companies while exercising. This study will emphasis on the need for proactive ethical involvement in the development and application of AI in the financial industry.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.